Geely opens investment company in Beijing for Volvo deal

• Source: Global Times
• [13:40 February 02 2010]
• Comments

An investment company run by Geely to finance Volvo deal has started operation in southeastern Beijing, according to National Business Daily.

The legal representative of the company is Tong Zhiyuan, former president of Huatai Automobile who joined Geely Holding Group as COO for its Volvo deal last year.

The new company named Beijing Geely Wanyuan International Investment Corporation was reported to carry out a number of financial operations and project integration for the Volvo deal.

Agencies and Shi Jierui contributed to this story